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What Are 9 Things Buyers Regret Overlooking?

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The last thing you want after moving into your new house is buyer’s remorse.

With so many details to track when buying a home, items can slip through the cracks. Figuring out which areas you shouldn’t overlook is the first step toward mitigating remorse.

1. Lifestyle vs. resale value

Buying a home is a personal choice, so make sure you know whether you’re buying for resale value or for lifestyle. Some clients buy with the bottom line at the top of mind while others care more about their quality of life.

2. Size: It matters!

Bedrooms that are extremely small can turn off potential buyers once they saw the place.

3. Bathrooms

Don’t overlook your future needs, or the needs of every resident of the house.

4. Bedrooms

You probably have an idea of how many you want.

But are they the right kind? Something large enough for an infant now may not accommodate a desk and bunk beds later.

A funky seven-walled bedroom may delight your design sense, but will your furniture fit in there?

Don’t overlook the practicalities of rooms as you fall in love with a house.

5. Traffic

A fence is used to guard part of the yard.

In an area with good schools, the house may appeal to families—but a home with no fence on a busy block can be a deal breaker.

6. Wall color

Paint is cosmetic. Bricks are not.

It’s easy to repaint a kitchen if you don’t like the color—go ahead and breeze past a confusing color choice

But falling in love with a home’s brick walls or dark wood paneling may prove tricky when you try to resell and you realize most buyers don’t share your aesthetics.

7. Yard

People moving from apartments may dismiss a tiny or nonexistent yard.

But a large yard helps resale value. And some might ask, “Why buy a house at all if you don’t want any land with it?”

8. Pools

Many buyers won’t buy a home with a pool, because they don’t want to deal with the upkeep, which gets expensive. But if you really want a pool, the upkeep may be worth it.

Just know that if you buy the home, you may wind up filling in the pool—or wishing the original owners did—when it’s time to sell.

9. The little things

Does the freezer door open all the way?

Does the layout mean in order to pass from kitchen to bedroom you’ll have to go through the living room?

Does the small living room push your overstuffed couch too close to the TV?

How You Can Avoid These 9 Traps?

Listen to your real estate agent. If an agent expresses concerns about a feature or perceived fault, hear them out. You might buy anyway, but at least you’ll know what you’re getting into.

Listen to your brain as well as your heart. Don’t let emotion rule your decisions.

Visit often. Kick the tires, as it were—open all the doors, latch all the windows, and visit again and again to make sure you aren’t missing anything. You might see something the second or third time you didn’t see the first time you looked at a place.

Remember, an extra visit or two won’t cost much—but buying the wrong house could cost you plenty.

Have a buying or selling question? Call 301-768-2173 or xiomaracrespo@mris.com

Source: Copyright National Association of Realtors. Reprinted with permission.

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